INDIANA HOSPITAL ASSOCIATION INC (EIN 350988753) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1938

Legal Domicile

Principal Officer

TERRY COLE

Phone

3176334870

Tax Period

2023-01-01 to 2023-12-31

INDIANA HOSPITAL ASSOCIATION INC, founded in 1938, is a mid-sized nonprofit that reported $11.7M in total revenue in fiscal year 2023. Revenue fell 43% from the prior year — a significant decline worth monitoring.

Mission

THE MISSION OF INDIANA HOSPITAL ASSOCIATION, INC. IS TO PROVIDE LEADERSHIP, REPRESENTATION, AND SERVICES IN THE COMMON BEST INTERESTS OF ITS MEMBERS AS THEY PROMOTE THE IMPROVEMENT OF COMMUNITY HEALTH STATUS.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $1,833,342

Program Service Revenue $7,932,965

Investment Income $150,732

Other Revenue $1,813,534

TOTAL REVENUE $11,730,573

Expense Breakdown

Grants Paid $46,250

Salaries & Benefits $6,040,231

Fundraising Expenses $0

Other Expenses $5,568,816

TOTAL EXPENSES $11,655,297

Year-over-Year Comparison

	2023	2022	Change
Revenue	$11,730,573	$20,685,495	-0.4%
Expenses	$11,655,297	$19,254,601	-0.4%
Net Income	$75,276	$1,430,894	-0.9%

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

Governance Policies

✓ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$1,238,576

Total Directors

$789,039

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BRIAN C TABOR	PRESIDENT	37.50	Officer Director	$701,115	$87,924	$789,039
CAROL DOZIER	CHAIRMAN	2.00	Officer Director	$0	$0	$0
STEVEN M HOLMAN	CHAIRMAN-ELECT	2.00	Officer Director	$0	$0	$0
BRAD SMITH	PAST CHAIRMAN	2.00	Officer Director	$0	$0	$0
SHAWN MCCOY	SECRETARY/TREASURER	2.00	Officer Director	$0	$0	$0
JAMES CALLAGHAN III MD	DIRECTOR AT LARGE	2.00	Director	$0	$0	$0
THOMAS CASSADY JR	DIRECTOR AT LARGE	2.00	Director	$0	$0	$0
JASON FAHRLANDER	DIRECTOR AT LARGE	2.00	Director	$0	$0	$0
DONALD P FESKO	DIRECTOR AT LARGE	2.00	Director	$0	$0	$0
KEVIN SPEER	DIRECTOR AT LARGE	2.00	Director	$0	$0	$0
STEPHANIE HILTON-SIEBERT	DIRECTOR AT LARGE	2.00	Director	$0	$0	$0
CHRIS KARAM	DIRECTOR AT LARGE	2.00	Director	$0	$0	$0
STEVEN LONG	DIRECTOR AT LARGE	2.00	Director	$0	$0	$0
DAN PAROD	DIRECTOR AT LARGE	2.00	Director	$0	$0	$0
JOHN RYAN	DIRECTOR AT LARGE	2.00	Director	$0	$0	$0
JANICE RYBA	DIRECTOR AT LARGE	2.00	Director	$0	$0	$0
MIKE SCHROYER	DIRECTOR AT LARGE	2.00	Director	$0	$0	$0
MARK MEDLEY	DIRECTOR AT LARGE	2.00	Director	$0	$0	$0
GREG STEWART	DIRECTOR AT LARGE	2.00	Director	$0	$0	$0
TERRANCE E WILSON	DIRECTOR AT LARGE	2.00	Director	$0	$0	$0
BRIAN SHOCKNEY	DISTRICT PRESIDENT	2.00	Director	$0	$0	$0
MICHELLE FRANKLIN	DISTRICT PRESIDENT	2.00	Director	$0	$0	$0
BRIAN RING	DISTRICT PRESIDENT	2.00	Director	$0	$0	$0
STEVE JAROSINSKI	DISTRICT PRESIDENT	2.00	Director	$0	$0	$0
JOHN BOWEN	DISTRICT PRESIDENT	2.00	Director	$0	$0	$0
LARRY TRACY	DISTRICT PRESIDENT	2.00	Director	$0	$0	$0
MATT DOYLE	DISTRICT PRESIDENT	2.00	Director	$0	$0	$0
LIZ LEISING	DISTRICT PRESIDENT	2.00	Director	$0	$0	$0
ERICK FISH	DISTRICT PRESIDENT	2.00	Director	$0	$0	$0
BLAKE BUNNER	DISTRICT PRESIDENT	2.00	Director	$0	$0	$0
STEPHANIE LONG	DISTRICT PRESIDENT	2.00	Director	$0	$0	$0
ROBERT D MCLIN	AHA DELEGATE	2.00	Director	$0	$0	$0
TERRY COLE	SENIOR VP FINANCE	37.50	Officer	$379,963	$69,574	$449,537
MATTHEW BROWNING	SENIOR VP MEMBER SOLUTIONS	37.50	Highest	$265,810	$61,853	$327,663
TRENT FOX	VP GOVERNMENT RELATIONS	37.50	Highest	$228,658	$58,386	$287,044
ANDREW VANZEE	VP REGULATORY & OPERATIONS	37.50	Highest	$220,137	$52,053	$272,190
LAURA BROWN	DEPUTY GENERAL COUNSEL	37.50	Highest	$215,657	$37,011	$252,668
KARIN KENNEDY	VP QUALITY AND PATIENT SAFETY	37.50	Highest	$208,191	$60,344	$268,535

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	No data	No data	No data	No data
2023	$11,730,573	$11,655,297	$16,820,176	$75,276
2022	$20,685,495	$19,254,601	$15,389,062	$1,430,894
2021	$13,385,165	$12,733,956	$14,217,273	$651,209
2020	$11,898,088	$11,746,560	$15,112,818	$151,528
2019	$10,189,206	$9,321,262	$10,755,128	$867,944
2018	$9,840,187	$8,204,807	$9,196,294	$1,635,380

INDIANA HOSPITAL ASSOCIATION INC